AMC on the daily chart is finding support around $31.27 at the writing of this post. I currently see the bullish reversal happening if this ticker moves back above $37.12 to break that downward pressure. If AMC sees a bounce soon, look for a strong resistance around $54.37. Overall, $54.37 has been a critical value in this trade with anything above it being...
The cat's outta the bag with AMC ...it's a popular stock I guess (joking). But all jokes aside, the apes remain steadfast in their message but it's also time to revisit the technicals. After retracing from lows earlier this year, the Fib levels and current support/resistance areas on the chart seem to be lining up. The 50 Fib line is clearly a pivot that used to...
On the chart you can visualize better the 2 Fibonacci retracement levels from where we can see a potential bounce up and the strong support in the 16usd range. All retracement have also the price targets on that arrows heading up after reaching the various support levels.
Diamond hands will pay off soon enough. Information of TA indicated in the chart .
This is by no means a negative outlook on AMC, but a more realistic one. There are two options for the path of the stock displayed above.
AMC definitely not looking great. No matter how I try to see this, I don't feel like this is a super bullish chart? AMC got above 30B in Mcap after a major squeeze and was one of the meme stocks that did very well. In Market cap terms it was definitely the largest ever if I am not mistaken. The truth is that the short interest is still relatively high, but I don't...
Could be looking at a double bottom here, if so next weeks going to be nice :) Keep up the good work apes!!!
SUPORT 51.07 AND 45.33 TARGET 65.73 - 73.48 - 95.37 THIS STOCK IS HIGH-RISK HIGH-REWARD STOCK BUT ITS WORTH IT!!!!
In our analysis of the AMC stock, we expect the price to explode quite soon… again. Before the price hits $37.71, we expect the course to turn around and push for prices around $95.17 and potentially higher, if the stock price breaks out above $101.17. Clear thing: Hyper!
Even with the pathetic attempt to create FUD by the media and Iceberg "Research", AMC is still plowing through the bull flag. Observing the way it bounced off that bottom edge of the triangle makes me even bullish than I already was. AMC is NOT comfortable outside of the channel. Consolidation continues with a breakout to the upside on the horizon.
I see AMC extending its consolidation today and expect a breakout next week.
AMC is still perfectly navigating it's current channel through the textbook bull flag. Though it could break out sooner, the chart indicates it could consolidate up until July 13. Patience will pay off, as the longer this consolidates, the more momentum it will have to the upside. #AMCtoTheMoon
This chart is used to test my Alpaca/TradingView integration. The goal is to create a bot that automatically trades AMC based on trend TA factors.
AMC forming a nice bull flag on the 1D chart that I have been watching for a while. RSI on a 1D chart looking bullish IMO with an upward trend in RSI since January of this year. MACD Divergence and consolidation occurring on a 4HR chart, also giving me confidence of a significant move incoming. ADX & DI contractions are healthy signs especially considering we have...
AMC looking prime to re-test ATH. Looking to either enter at the breakout or wait to test the trendline below.
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AMC has been consolidating for more than 3 weeks now.. we've found major support at the $50 level and continue to ride the waves. It is only a matter of time before this pennant breaks out. This isn't over just yet, we are priming up for something big very very soon.. and it always happen when we least expect it.
When in doubt, zoom out! Hedgies are losing this. I recently read an article on Seeking Alpha so FUD-worthy, it's worth a look. Look up "AMC: An Open Letter To The Apes - The Stock Market And Reality" I buy more and HODL. We've created major support by consolidating between the 50s and 60s which is good for us, bad for hedgies! Not to mention AMC is discovering...